Dalmia Bharat Group

Sugar stocks fell sharply on Wednesday, a day after the government imposed restrictions on sugar exports from June 1 to increase availability of the commodity in domestic market and curb price rise.

Dalmia Bharat Sugar and Industries Ltd on Friday reported a marginal decline in consolidated net profit at Rs 124.34 crore for the quarter ended June.

The government reduced the export subsidy from Rs 5.85 / kg to Rs 4.0 / kg on any sugar contracted for export on or after May 20, 2021

The company had posted a net profit of Rs 54.39 crore in the same quarter year ago, according to a regulatory filing.

In recent years, cement companies like Birla Corporation have also taken a similar path - come up with a flagship brand as part of its plans to become a national player

The Murli Cement deal, which comes Riders, will establish the Company's presence in Maharashtra; firm has started process of acquiring land for new plant in Rajasthan

The company registered a consolidated revenue of Rs 2,285 crore in the July-September period, over Rs 2,173 crore in the year-ago quarter

The brownfield expansion in east India involves increasing the capacity in its West Bengal plant from 1.3 mtpa to 4 mtpa and in its Rajgangpur plant by another 3 mtpa

The company's June quarter performance was good despite soft volume growth on demand woes

The region to hold its first investors' summit in October; many look at opportunities in the FMCG sector

The company's total revenue rose from Rs 2905 crore as against Rs 2695 crore in the previous fiscal

While the signage at the Red Fort indicating its adoption by Dalmia Bharat will have to be done in a 'discreet manner and tastefully', there is no such requirement for the Gandikota Fort

To expand the capacity of its cement plant in the state

OCL India hits a record high of Rs 997, up 7% and Dalmia Bharat was up 2.6% at Rs 2,043 on BSE in early morning trade.

The country has a cement making capacity of 360 mt but demand for the commodity is 290 mt